About MCYCX
NYLI Candriam Emerging Markets Equity Fund is a mutual fund that seeks long-term capital appreciation by investing primarily in equities of companies located in emerging market countries. The fund follows a diversified approach, using fundamental research to identify attractively valued firms with strong, sustainable growth and profitability prospects. Its portfolio is constructed with thematic growth drivers in mind, aiming for diversification across sectors, regions, and market capitalizations while keeping allocations within defined limits. The fund’s holdings predominantly include large-cap companies in sectors such as technology, communication services, financials, and consumer cyclicals, with significant exposure to countries like China, Taiwan, and South Korea. Managed by an experienced team, the fund emphasizes risk controls relative to its benchmark index. Its role in the financial market is to provide investors access to the dynamic growth potential of emerging economies, offering a way to participate in diverse markets that may be underrepresented in developed market portfolios.
Fund Family New York Life Investment Management LLC
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MCYCX
Share Class Class C
Index MSCI EM (Emerging Markets) NR USD
MCYCX had a total return of 24.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.87%.
